Chapter 08 · Finance, data & evidenceSustainability Language
Group thresholds (2 of 3 criteria + NGER)
Definition
**Group 1** (from FY beginning 1 Jan 2025): consolidated revenue **≥$500m**, EOFY gross assets **≥$1bn**, **≥500 employees** — or NGER reporters above publication threshold / asset owners ≥$5bn. **Group 2** (from 1 Jul 2026): **≥$200m / ≥$500m / ≥250 employees**; NGER ≥50kt. **Group 3** (from 1 Jul 2027): **≥$50m / ≥$25m / ≥100 employees** — report only if climate risks/opportunities material ("climate statement not required" exemption if none).
References
**Group 1** (from FY beginning 1 Jan 2025): consolidated revenue **≥$500m**, EOFY gross assets **≥$1bn**, **≥500 employees** — or NGER reporters above publication threshold / asset owners ≥$5bn. **Group 2** (from 1 Jul 2026): **≥$200m / ≥$500m / ≥250 employees**; NGER ≥50kt. **Group 3** (from 1 Jul 2027): **≥$50m / ≥$25m / ≥100 employees** — report only if climate risks/opportunities material ("climate statement not required" exemption if none).
Corporations Act Ch 2M + AASB S2 — mandatory climate reportingCorporations Act 2001, Chapter 2M + AASB S2 (mandatory climate reporting) · verified 2026-08-22
Overview
The overview for this term is being prepared.